BlackRock Stock Rises as Firm Sets Record for Assets Under Management
1. BlackRock's AUM increased by 15% to $11.55 trillion year-over-year. 2. Quarterly EPS rose to $11.93, a 23% year-over-year gain. 3. Record inflows reached $281.4 billion, nearly tripling last year's figure. 4. CEO Larry Fink sees significant growth potential entering 2025. 5. Shares rose 4% after posting strong earnings and revenue results.